A total of 908,000 tons of goods were exported from Mazandaran Province during the first 11 months of last Iranian year (March 21, 2022-Feb. 19), registering a 6% rise compared with the…
Domestic Economy
The Iranian Mines and Mining Industries Development and Renovation Organization’s (IMIDRO) subsidiaries produced 733,408 tons of coal concentrate during the first 11 months of last Iranian year…
Russian President Vladimir Putin has made the opening of a north-south trade route between the Russian Federation and the Indian Ocean via Iran a priority for more than a decade.
Iran and Saudi Arabia will soon establish a joint chamber of commerce, says a member of Iran Chamber of Commerce’s Board of Directors, Keyvan Kashefi.
Iran’s rail freight fleet recorded the loading of 37.13 million tons of goods during the first 10 months of last Iranian year (March 21, 2022-Jan. 20), according to the Islamic Republic of Iran…
Around $3 million worth of handicrafts were exported from Hormozgan Province in the last Iranian year (ended March 20, 2023), according to a local official. “There are over 80,000 artisans in…
A total of 194,684 tons of poultry meat were produced in Iran’s official slaughterhouses during the 11th month of the current Iranian year (Jan. 21-Feb. 19), registering a 1% decline compared…
The Tehran-Riyadh detente deal could be a major win for not only the Middle East but also larger projects seeking more integration of greater Eurasia.
Red meat production in Iran's official slaughterhouses stood at 38,974 tons during the 11th month of last Iranian year (Jan. 21-Feb. 19) to register a 24% decrease compared to the previous month…
Indian rice exporters have decided to ship basmati rice to Iran only against a letter of credit (LC), or cash due to non-payment of dues amounting to Rs700 crore amid a currency crisis in the…
Iran's imports from Kazakhstan increased by 51.6% in value and 20.6% in volume, during the first 11 months of the last Iranian year (March 21, 2022-Feb. 19, 2023), compared with the same period…
Gift card market in 2022 was driven by a wide range of factors that supported growth across retail and corporate segments. The primary factors included growth of e-commerce, increased…
More than 800,000 Afghans returned from Iran over the last year, Afghanistan’s Ministry of Refugees and Repatriation announced. About 400,000 of these immigrants were deported by Iran,…
Minimum wages will increase by 27% in the new Iranian year that started on March 21. The decision was made at a meeting of the Supreme Labor Council in the final days of last Iranian year.
Chinese travelers are raring to go abroad again, but the destinations they choose may be a little different from the pre-pandemic era. Iran has become a "black horse" destination for…
Saudi Arabia's Finance Minister Mohammed Al-Jadaan says Saudi investments into Iran could happen "very quickly" following an agreement to restore diplomatic ties.
The largest investor in Iran in the last financial year, which ended on March 20, 2023, was Russia, Iran’s Minister of Economy and Finance Ehsan Khandouzi stated. He said Russia invested $2.76…
Miad Salehi, the CEO of the Islamic Republic of Iran Railways, has announced that Iran and Iraq have agreed to resume the construction of the Shalamcheh-Basra railroad and relaunch the Tehran-…
Egypt will soon allow Iranians traveling with tour groups to obtain visas on arrival in the south of its Sinai Peninsula with a view to extending access to other parts of the country, Egyptian…
Agreements between the heads of state will considerably help boost trade between Belarus and Iran, Iran’s new Ambassador to Belarus Alireza Sanei was quoted as saying by BelTA.
Officials within the Afghanistan Chamber of Commerce and Investment said a joint chamber of commerce with both Afghanistan and Iran will be formed in the new fiscal year that started on March 21…
Russian Railways expects to sign intergovernmental agreements this year on the completion of the Rasht-Astara railroad in Iran, Sergei Pavlov, the company's first deputy head, told reporters on…
The agreement on visa-free travel between Russia and Iran will be implemented in 2023, with the designation of tour operators who can put tour groups together, Russian Economy Minister Maxim…
The Oman-Iran Business Council on March 22 held its first meeting of 2023 under the chairmanship of Mohammed Abdul Hussein Baqer, the head of the Omani side in the council.
Historically, India and Iran have been the main trading partners of Persian Gulf Arab states, with the two making up a majority of imports, particularly for food commodities, for decades. The…
